"Mprep is saying their announcement channel had an announcement offering incentives to post at the time the ban was initiated."
It is not true. All posts asking to come to BTT were well before the 30 day ban. As I stated I was made aware and then told everyone there would be no more bonuses for posting on BTT. I then stopped airdrops on here and no longer honored them. A week or so later the 30 day ban hit. Now I am here just waiting it out after being told over and over again that "Its my fault. I deserve it. etc..."
I will not support or ask for airdrops or wallets on BTT ever again. I will make sure all rules are followed.
Bro 😎 I have some sympathy for you. Best thing is just lock the thread 🧵 come back next month. |
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I sold a 1070 for 400cad today, sold in about 1 hour. Feel like thats pretty crazy considering its a 4 year? old card. time goes by fast. Another thing I was thinking about is the whole defi loan thing. Right now there is about 8 billion outstanding loans, and 40 billion locked in the defi system according to Defi Pulse. The way this usually works is that you have lets say this situation: -1BTC or equivalent of shitcoin sent as collateral -Borrow 0.5 bitcoin or equivalent of shitcoin lets say. 50% loan to value ratio. If the LTV ratio drops to a number, they will ask you to post fake USD or BTC or whatever shitcoin to bring that back down. In a price crash, LTV can change very, very fast. In that event, they will liquidate your collateral to cover the loan. Business as usual, but what about the systemic risk ? As prices drop, all DEFI systems will margin call borrowers and automatically sell crypto, therefore multiplying the price crash, which will cause more margin calls and more liquidation in a even worse market. And what happens when lenders pull their crypto ? It just seems to me this is an event waiting to happen, a when not an if, and it makes no sense to me that people would design a system to be so fragile. What am I missing  Yeah I sold a bunch of RX 470 4GB (so not for mining) and in a day I could sell up to 3 of them pretty much. No lowballers even. Just people sent a message saying "Is it still available if so I want to pick it up right away". Compare this to 2019 when it took maybe a month to sell 1 GPU and usually everyday I would get messages like "I know you mined with this GPU, I will give you $30 CASH.... TODAY!". Regarding DeFI, this already happened before in 2018 with that MakerDAO (or something similar). Basically there were no liquidations when price was >$700 or so. So most people who issued loans in the $1000-$1400 were prepared to add extra collateral so they wouldn't get liquidated. The mess started right after Bitmex listed the ETH perp future contracts and massive selling started. And when price kept going lower and lower and lower, you could see the MakerDAO loans getting liquidated. They had the liquidation price public listed somewhere on their website and the whales make sure to liquidate as many people as possible because they knew they wouldn't be able to provide the collateral. So this time its no different. As long as ETH stays high and doesn't go below say $900 or so. Most loans will be fine. However nobody knows what will happen. Depends on how many keep buying Eth. I never was a big fan of the coin. @ generalt I like to make my card tally public since eventually I sell the cards. I just lower the cost value by the mining earnings although these cards may all have a $0 cost value when I sell them. |
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My 1080ti's are whaling on eth!
damn 9 cards are pulling in over 20 usd a day
https://etherscan.io/chart/etherpriceThe beginning of the run. July 31st we are 7 months in. July 18 we were at 235 July 31 we were at 335 Aug 31 we were at 429 Sept 30 we were at 370 pull back OCT 31 we were at 396 Nov 30 we were at 598 Dec 31 we were at 730 Jan 31 we were at 1374 Feb 21 we are at 1935 At fr4ankthetank. All speculation but If I was loaded up with silver and gold. (I am not). I would shift some to BTC and LTC/Doge |
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thank you mr generalt
I think we may be peaking.
checking the 2018 slide it lasted a long time.
if we start to slide I did not over extend. So I need to just wait for the shipments to show up.
and hope for newegg shuffle to hit again.
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What a great run, 5th top day in a row. Bitflyer/
BitStamp USD/BTC CoinFloor GBP/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC
------------------------ ----------------------- ----------------------- ----------------------- --------------------------
1 2021-02-21 57,157 | 1 2021-02-21 40,712 | 1 2021-02-21 47,241 | 1 2021-02-21 72,036 | 1 2021-02-21 6,024,822
2 2021-02-20 56,335 | 2 2021-02-20 40,183 | 2 2021-02-20 46,287 | 2 2021-02-20 71,053 | 2 2021-02-20 5,941,208
3 2021-02-19 53,880 | 3 2021-02-19 38,566 | 3 2021-02-19 44,248 | 3 2021-02-19 67,835 | 3 2021-02-19 5,645,508
4 2021-02-18 51,850 | 4 2021-02-18 37,093 | 4 2021-02-18 42,953 | 4 2021-02-18 65,998 | 4 2021-02-18 5,486,951
5 2021-02-17 51,000 | 5 2021-02-17 36,970 | 5 2021-02-17 42,294 | 5 2021-02-17 64,933 | 5 2021-02-17 5,382,070
6 2021-02-16 48,997 | 6 2021-02-14 35,325 | 6 2021-02-16 40,445 | 6 2021-02-14 62,046 | 6 2021-02-16 5,162,652
7 2021-02-14 48,746 | 7 2021-02-16 35,036 | 7 2021-02-14 40,324 | 7 2021-02-16 61,955 | 7 2021-02-14 5,102,687
8 2021-02-12 47,548 | 8 2021-02-12 34,454 | 8 2021-02-15 39,350 | 8 2021-02-12 60,686 | 8 2021-02-15 5,007,391
9 2021-02-15 47,515 | 9 2021-02-15 34,390 | 9 2021-02-12 39,318 | 9 2021-02-15 60,532 | 9 2021-02-12 4,993,437
10 2021-02-13 47,122 | 10 2021-02-13 34,184 | 10 2021-02-13 39,068 | 10 2021-02-13 60,301 | 10 2021-02-13 4,974,107
11 2021-02-11 46,872 | 11 2021-02-11 34,035 | 11 2021-02-11 38,664 | 11 2021-02-11 59,824 | 11 2021-02-09 4,889,502
12 2021-02-09 46,705 | 12 2021-02-09 33,771 | 12 2021-02-09 38,627 | 12 2021-02-09 59,095 | 12 2021-02-11 4,879,658
13 2021-02-10 45,554 | 13 2021-02-10 32,882 | 13 2021-02-10 37,629 | 13 2021-02-10 57,583 | 13 2021-02-10 4,789,692
14 2021-02-08 43,069 | 14 2021-02-08 31,367 | 14 2021-02-08 35,596 | 14 2021-02-08 54,955 | 14 2021-02-08 4,442,800
...
------------------------ ----------------------- ----------------------- ----------------------- --------------------------
BitStamp USD/BTC CoinFloor GBP/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC
/Bitflyer
* Chart Legend/Explanation * last 14 days while not in perfect order are the best 14 days ever. let me check again true for all five fiats. I would venture to say that must be one of the best streaks ever. (barring 2009) |
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I sold a 1070 for 400cad today, sold in about 1 hour. Feel like thats pretty crazy considering its a 4 year? old card. time goes by fast. Another thing I was thinking about is the whole defi loan thing. Right now there is about 8 billion outstanding loans, and 40 billion locked in the defi system according to Defi Pulse. The way this usually works is that you have lets say this situation: -1BTC or equivalent of shitcoin sent as collateral -Borrow 0.5 bitcoin or equivalent of shitcoin lets say. 50% loan to value ratio. If the LTV ratio drops to a number, they will ask you to post fake USD or BTC or whatever shitcoin to bring that back down. In a price crash, LTV can change very, very fast. In that event, they will liquidate your collateral to cover the loan. Business as usual, but what about the systemic risk ? As prices drop, all DEFI systems will margin call borrowers and automatically sell crypto, therefore multiplying the price crash, which will cause more margin calls and more liquidation in a even worse market. And what happens when lenders pull their crypto ? It just seems to me this is an event waiting to happen, a when not an if, and it makes no sense to me that people would design a system to be so fragile. What am I missing I think some people are literally betting that asteroid mining will alter precious metal values bigly. Gold cap = 11 trillion Silver cap = 1.46 trillion so 12.46 trillion in them as wealth storage BTC cap = 1.1 trillion ETH cap = 0.219 trillion If you believe that asteroid mining will work way better than Earth mining you lose some faith in both gold and silver. If you have large holdings where to sink some. Hedge your wealth on BTC and ETH. https://www.foxnews.com/science/nasa-headed-towards-giant-golden-asteroid-that-could-make-everyone-on-earth-a-billionaireIf this is true then gold will be common. Makes you think what to do with 11 trillion of market wealth. |
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I think the gpu list is :
13x 5500xt........................mining
16x 5600xt........................mining
15x 5700xt........................mining all amd have paid off
1x 6800xt back order ..........1100
1x 3090..............mining this has earned 240 after power cost was 2070
1x 3090..............shipped 1960 cost zero back
3x 3080..............mining. these have mined 90 days 88 days 82 days earned 2717 power about 200 profit 2517 I PAID 2500 FOR THE 3 SO THEY ARE FREE AND CLEAR
2x 3070..............mining 1700 17 and 10 days earned 162 power 12 so 150 back
1x 3060ti............mining this has earned 528 power cost 53 net 475 I paid 512 for it it will be free and clear in 6 or 7 days
2x 3060ti............shipped 1850 cost zero back
2x omen pc with 3070 ............waiting for shipping. cost 2600 zero back
57 gpus at the Moment.
many paid off.
and if netted across the board all paid off. Since the amd were fully roi much sooner. and are all plus.
about
351mh in 5500xt
624mh in 5600xt
720mh in 5700xt
1695mh on hand amd
60mh amd coming
1755mh
565mh on hand nvidia
350mh nvidia on the way
915mh
2670mh by tues the 2nd
pre power earnings below
$320 at 12 cents an mh
$293 at 11 cents an mh
$267 at 10 cents an mh
$240 at 9 cents an mh
$213 at 8 cents an mh
$186 at 7 cents an mh
$160 at 6 cents an mh
$133 at 5 cents an mh
$106 at 4 cents an mh
$ 80 at 3 cents an mh
$ 53 at 2 cents an mh
My power deals are complex
but at 18 cents a kwatt 2670mh would cost me 30 a day in power. my worst case number is 18 cents summer mining 100% in my garage
30 x 160 = 4800 earned
30 x 30 = 900 power cost
right now my garage is 12 cents winter bill or 20 a day
so 320 - 20 = 300 a day if it was all in my garage (it is not)
even if eth drops from 12 to 6 cents an mh my garage turns a profit
even if eth drops from 12 to 3 cents an mh my garage turns a profit.
The argument for a crash is simple I am doing too good for the money invested.
The argument against is many months they earnings were way lower.
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Back on main pc. let me know if the six goes back to auction. As I have the six of diamonds. Would like a pair of sixes.
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I will need to check latest software thanks.
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This card is very good, it's energy efficiency I could have buy two RTX3070 instead of buying 4 gtx1660 super, the two RTX will net me 120-124MH at 240 watts while the 4 gtx1660 super is netting me 126MH at 320 watts, as you can see the RTX wins here, less power consumption is what I needed the most because I'm running on solar power
i managed to find 3060Ti for 127$ Less, but the problem is i already ordered a couple of 3070s, so can i mix both 3060 Ti and 3070 on the same rig ? how to go about nVidia drivers with two different cards on the same OS ?... thanks, yes smos will do that 3070+3070+3090  what is smos ?!?... Simplemining https://simplemining.net/a mining os for a usb stick like this stick https://www.amazon.com/gp/product/B07BPKKYHY/ref=ppx_yo_dt_b_asin_title_o03_s00?You can access your miners from any pc in the world. or from your cell phone. you can switch back to windows on the rig by pulling the usb stick and plugging the hard drive or ssd back into your pc although my rigs just mine I do not run windows with mining here is his thread. https://bitcointalk.org/index.php?topic=1541084.msg15491375#msg15491375I have been with hm since 2016 |
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Well
Jan 31-0
Feb 20-0
top 75 USD days are in 2021 and 2020
the 2017 day old ath is at 76th place
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It's a beautiful time we're mining in Phil. Best of luck with all that equipment. I haven't been able to find anything new at a decent price in a while but of course I'm mostly relying on the Newegg Shuffle these days as I can't keep up with the bots.
You know if we are going to switch to all electric world wide in next 5-20 years. With asteroid mined gold. BTC and other crypto coins have a 10x to 20x upside. 10 x 57k = 570k 20 x 57k = 1140k |
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Just matching with main account. I use this when I leave my house.
So this is me and I will use it to bid as I will be at the farm to repair miners. |
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So I sourced 1 Evga 3090 3987-kr at $1960 I could sell this for 2500 easy 2 Evga 3060ti 3667-kr at $1851 I overpaid for these but with the cheap power it is okay these will add to 230mh in my house for now they will clear 27 a day I can run them at home until the farm in Clifton gets the new room ready. I have 2 omen rigs coming with 3070's in them. cost 2600 they will do 120mh I have a amd 6800x on order. so a grand total of 410 mh coming soon. I am pretty much done with gear for now. No room in the house and waiting for power to get done in Clifton in the second room. This room will be all gpu mining. About 60 cards and 2.4gh link to some small builds https://www.youtube.com/watch?v=jiWpnn5vjrcthat rig with 3070+3070+3090 Is clearing about 27 usd a day It cost about 980+888+2079 all Newegg Shuffle deals for the cards 3947 and 253 for psu and mobo = 4200.00/27 = 155 days to free and clear. |
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already over 2x page parity  It will reach 10x page parity before 2023 I bet. We are aiming for post parity. Impossible! Read my take on gold asteroids Nasa is going to land on one in 2022. There is at least 1000x the gold mined on earth on the asteroid. It is recoverable and can be shipped back to earth. This means gold loses its value as a storage of wealth, But gold batteries vs lead batteries weight about the same lead rots and battery dies in under 5 years. Gold won't rot the battery will last 100-200 years. Elon Musk pushing a space travel deal with Nasa= fact Elon Musk has electric cars = fact Elon Musk purchased 1.5 billion Usd worth of BTC = fact Ford to go all electric in Europe by 2030 we have about 550,000 posts = fact If BTC had gold's makes cap it would be worth 550,000 to 600,000 a coin = fact Many years ago 1880 -1920 cars replaedc the horse and carriage We may be seeing the electric car replace the gas car asap by 2030-2035 Stick with oil/gas/coal and go the route of the dinosaurs. Or join the space force (trumps idea) and evolve. So 565k to 600k in under 2 years is not impossible if my case above is what is happening right here and right now. Stack and hodl your btc. |
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I can see gold becoming a useful cheap metal for making 100-200 year long batteries for Tesla's electric cars.
ford is going electric for a reason. they all know those asteroids are loaded with insane amounts of gold.
Gold makes super long lasting batteries if it were to be worth 100 x less or 17 a pound vs 1700 a pound we would have multi generational batteries.
Sell your gold and buy btc
Ford is switching to all electric 2030 for a reason they know Elon will be mining those asteroids bigly.
We are heading into a new world of cheap long lasting power.
BTC is the tool that will allow it to happen.
hodl hodl hodl.
500k before 2030
We wont be driving cars in 100 years; we'll be teleporting... to Mars. WE is a tad optimistic (although I wouldn't mind, really). why not it is a spec thread. |
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